This blog is mainly about the spectacular train wreck at The Sacramento Bee and its parent company, the McClatchy Company. But I also post about current events, the Iraq and Afghanistan wars, politics, anything else that grabs my attention. Take a look around this blog, hope you enjoy it.
Tuesday, April 1, 2008
Moody's downgrades McClatchy... says outlook is "negative"
More bad news for McClatchy. Moody's downgraded McClatchy today, saying the outlook for McClatchy is "negative." Read the whole story here.
Earlier today, Lehman Brothers reduced its target price for McClatchy, from $6 to $5.